Fortune 500 tech bets. Wal Mart blimps. Genomics funding.
The rise of non-tech
Hi there,
It’s 2017 so it only makes sense we are talking about Neo-Nazis and America.
Today, Cloudflare terminated service to The Daily Stormer, a Neo-Nazi website. Matthew Prince, the CEO of Cloudflare, penned a great email to his team where he detailed the challenges of his decision (see The Blurb for their blog post). He wrote:
So I’m curious: what do you think about Cloudflare’s decision to shutter to The Daily Stormer? Pick your choice below.
Fortune 500 tech bets
Private tech investments by non-tech Fortune 500 corporations grew 149% between 2013 and 2016, with Goldman Sachs as the most active non-tech investor.
Check out the details in our recently released 65-page Fortune 500 Tech Investment And M&A Report.
Sometimes, dogs don't make everything cute
Like this map.
Sky delivery
Earlier today, Walmart published an application for a patent for a gas-filled blimp-like vehicle that would carry both products and smaller drones to ship deliveries (the patent looks similar to Amazon's Airborne Fulfillment Center patent from last year).We took a closer look at Walmart's new drones patent, alongside other key patents filed by the retail giant.
Layered pie chartsStop. Please.
Pulling aheadTech investments by non-tech corporations are on pace to surpass that of tech corporations for the first time. 51% of Fortune 500 investments into private tech companies have come from non-tech corporations in 2017 YTD, up from 29% in 2014.
Gene scene green
Yesterday, genetic health screening startup Color Genomics raised an $80M Series C, its largest funding round to date. Investors included Emerson Collective and General Catalyst, among others.
The genomics space at large has seen activity from a wide range of investors, from purely healthcare-focused investors to more generalist big-name VCs. Using CB Insights data, we mapped out the most active investors making bets in the genomics space.
The Industry Standard
CB Insights data is the most trusted by those in the industry and the media. A few recent hits.
Bloomberg. Manuel Baigorri (@ManuBaigorri) covers AI in healthcare trends with a reference to CB Insights unicorn data.
Drone Life. Miriam McNabb (@spaldingbarker) reports on funding trends to drone startups using CB Insights data on largest drone deals.
Deal Street Asia. Ishita Russell (@ishitarussell) reports on India fintech startup Get Simpl's latest funding round with a reference to CB Insights investment data.
P.S. Next month, we’re diving into Uber’s strategy, from investor history to key acquisitions to forward-looking plays and beyond. Sign up for the briefing.